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Trucking Technology Report - Aug. 16

Today's technology headlines: OOCL to launch Web-based serivce site; analyst dismisses impact of Internet on logistics industry; federal court says FCC gives FBI too much wiretap power; and more.

August 16, 2000

DOT to Set Dynamic Brake Test Standards

The Department of Transportation said last week it would set the first-ever standards for the use of performance-based brake testers on commercial trucks, and the move is being met with widespread praise in trucking and law enforcement circles.

August 16, 2000

Orbcomm Seeks Help Paying $170M Loan

Orbcomm Global said it has hired Donaldson, Lufkin & Jenrette Securities to help it figure out how to pay off a $170-million loan due in 2004, plus the interest.

August 16, 2000
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DOT Plans More Talk Over Hours Proposal

The Department of Transportation moved to salvage its much-maligned hours-of-service rules revision by proposing three more hearings on the proposal, but the immediate response from Capitol Hill indicated that the department鈥檚 tactic may be for naught.

August 16, 2000
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DOT to Set First Standards For Dynamic Brake Tests

The Department of Transportation said Aug. 9 it would set the first-ever standards for the use of performance-based brake testers on commercial trucks, which could give law enforcement agencies a major new tool in the drive for safer highways.

August 16, 2000
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Ailing Orbcomm Cuts Workers, Loses Funding

Teleglobe Inc. said last week it will not provide further funds for its money-losing Orbcomm Global LP subsidiary and moved to find a 鈥渟trategic partner鈥 to help staunch the unit鈥檚 losses.

August 16, 2000
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Professor: Economy Drives Safety Rate

Gerald J.S. Wilde has some disappointing information for government officials hoping to meet their goals of reducing highway fatalities, especially those involving big rig operators.

August 16, 2000
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The Show Will Not Go On as Truckcan Is Called Off

The show won鈥檛 go on as the organizer of Truckcan, touted as the 鈥淏iggest Truck Show in Canada,鈥 pulled the plug on Aug. 4.

August 16, 2000
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Drop in Inventories Threatens to Drive Diesel Up

U.S. inventories of distillates and crude oil dropped last week 鈥 the latter to the lowest level in 24 years, according to the American Petroleum Institute.

August 16, 2000
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Weigh-in-Motion Effort Gets Boost in Illinois

If time is money for truckers, then Illinois is helping them make a few dollars with the installation of 14 new weigh-in-motion systems.

August 16, 2000

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